DIGEST OF INTRODUCED BILL
Brownfield remediation financing. Allows persons other than political subdivisions to participate in the environmental remediation revolving loan fund program. (Current law allows loans and other assistance from the fund to be provided only to political subdivisions.) Allows a person that incurred costs under certain circumstances after December 31, 1998, and before January 1, 2000, in redeveloping a brownfield to apply for assistance from the environmental remediation revolving loan fund program, notwithstanding the fact that the person incurred the costs before applying for the assistance.